Markets· ★★· bearish·

Kaito multisig moves 8M KAITO worth $2.25M after token unlock

  • —Kaito multisig sent 8M KAITO, worth $2.25M, within 40 minutes of the report
  • —The recipient previously received 7M KAITO from the same source three months ago
  • —12.1M KAITO, or 5.01% of circulating supply, unlocked on Oct. 20
Why it matters: Large post-unlock transfers can signal preparation to sell and add downward pressure on KAITO's price.
Source: PANews